Does Alan D Bennett pay a price per share for the SM Energy RSU grant?

The reported per-share transaction price is $0.0000 for the RSU grant. Each restricted stock unit is a contingent right to receive one share upon vesting, rather than a purchased share.

SM Energy Co (NYSE: SM) awards 7,288 restricted stock units to VP

Q: What insider transaction did SM (SM Energy Co) report for Alan D Bennett?

Alan D Bennett received 7,288 restricted stock units on July 24, 2026. Each unit is a contingent right to one common share, vesting in three equal annual installments starting July 1, 2027.

Q: How many restricted stock units did SM (SM Energy Co) grant to its Vice President - Controller?

SM Energy Co granted 7,288 restricted stock units to Vice President - Controller Alan D Bennett. These units convert into common stock as they vest over three annual installments.

Q: What is the vesting schedule of the 7,288 RSUs reported by SM (ticker SM)?

The 7,288 RSUs vest in three equal annual installments beginning July 1, 2027. On each vesting date, vested shares are issued and restrictions on those shares lapse.

Q: How many SM Energy restricted stock units does Alan D Bennett hold after this Form 4?

After this transaction, Alan D Bennett beneficially owns 7,288 restricted stock units . These units relate to an award of RSUs that will vest in three equal annual installments beginning July 1, 2027.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Bennett Alan D reported acquisition or exercise transactions in this Form 4 filing.

SM Energy Co reported that Vice President - Controller Alan D Bennett received a grant of 7,288 restricted stock units on July 24, 2026. Each unit represents a contingent right to receive one share of common stock and vests in three equal annual installments beginning July 1, 2027; vested shares will be issued on each vesting date as restrictions lapse.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bennett Alan D

Role Vice President - Controller

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units ^F1	7,288	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 7,288 shares (Direct)

Footnotes (1)

F1. Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal annual installments beginning on July 1, 2027. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse.

Key Figures

Restricted stock units granted: 7,288 units Per-share transaction price: $0.0000 per share Total RSUs after transaction: 7,288 units +1 more

4 metrics

Restricted stock units granted 7,288 units Grant of restricted stock units to Alan D Bennett on July 24, 2026

Per-share transaction price $0.0000 per share Reported transaction price per underlying share for the RSU grant

Total RSUs after transaction 7,288 units Total restricted stock units beneficially owned following this award

Vesting commencement date July 1, 2027 First of three equal annual vesting installments for the RSU grant

Key Terms

Restricted Stock Units, contingent right, vesting

3 terms

Restricted Stock Units financial

"Security title reported as Restricted Stock Units granted to the officer"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share"

vesting financial

"The restricted stock unit grant vests in three equal annual installments"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/24/2026 - 04:19 PM Accepted by SEC EDGAR 07/24/2026 - 04:19 PM

FAQ

What insider transaction did SM (SM Energy Co) report for Alan D Bennett?

Alan D Bennett received 7,288 restricted stock units on July 24, 2026. Each unit is a contingent right to one common share, vesting in three equal annual installments starting July 1, 2027.

How many restricted stock units did SM (SM Energy Co) grant to its Vice President - Controller?

SM Energy Co granted 7,288 restricted stock units to Vice President - Controller Alan D Bennett. These units convert into common stock as they vest over three annual installments.

What is the vesting schedule of the 7,288 RSUs reported by SM (ticker SM)?

The 7,288 RSUs vest in three equal annual installments beginning July 1, 2027. On each vesting date, vested shares are issued and restrictions on those shares lapse.

How many SM Energy restricted stock units does Alan D Bennett hold after this Form 4?

After this transaction, Alan D Bennett beneficially owns 7,288 restricted stock units. These units relate to an award of RSUs that will vest in three equal annual installments beginning July 1, 2027.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bennett Alan D

(Last)

(First)

(Middle)

1700 LINCOLN STREET

SUITE 3200

(Street)

DENVER

COLORADO

80203

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SM Energy Co [ SM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice President - Controller

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	07/24/2026		A		7,288		⁽¹⁾	⁽¹⁾	Common Stock, $.01 Par Value	7,288	$0	7,288	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal annual installments beginning on July 1, 2027. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse.

Remarks:

	Andrew T. Fiske (Attorney-in-Fact)	07/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR